£125,312
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 Feb 2006 |
| £14,690 | 1 Sep 1998 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in February 2006 the House Price Index for NORTHUMBERLAND was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £70,000 results in an estimated price of approximately £125,312.
| 3 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £70,000 | £55,312 | £125,312 |
The Postcode Pricing Model uses changes in average sales price within the NE23 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 31.915 % | £22,340 | £92,340 |
| 3 Month Average | 34.780 % | £24,345 | £94,345 |
| 6 Month Average | 29.692 % | £20,784 | £90,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £127,383 | £125,000 | 7 AVEBURY PLACE |
| 6 Apr 2023 | £91,715 | £90,000 | 3 BROOMYLINN PLACE |
| 31 Mar 2023 | £150,005 | £147,500 | 61 KENDAL DRIVE |
| 15 Mar 2023 | £74,240 | £73,000 | 5 CADLESTONE COURT |
| 23 Jun 2022 | £94,010 | £92,000 | 68 ALDERLEY WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Axminster Close |
| Jul 2024 | Drugs | Under investigation | On or near Alderley Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alderley Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alderley Way |
| May 2024 | Public order | Under investigation | On or near Alderley Way |